PRE-MARKET HONG KONG STOCKS NEWS: Automakers' monthly sales updates, mainland China remains closed for holiday
The October 2 Hong Kong pre-market item reported mixed automaker results, Tencent's chip lease, other company updates and a 1.2% year-over-year fall in Macau September casino revenue.
News detail
BYD (1211 HK) - Co. reported September vehicle sales of 463.6k units vs 396.3k Y/Y, with YTD sales of 3.13mln vs 3.26mln; September production was 463.9k units vs 405.6k Y/Y, with YTD production of 3.14mln vs 3.21mln. (Newswires) First Pacific (142 HK) - Co. noted a connected transaction involving Metro Pacific’s purchase of an additional stake in Manila Electric, with a total deal value of PHP 12.4bln. (Newswires) Geely Automobile (175 HK) - Co. reported September vehicle sales rose 7% Y/Y to 292.2k units. (Newswires) Great Wall Motor (2333 HK) - Co. reported September vehicle sales fell 14% Y/Y to 114.9k units. (Newswires) NIO (9866 HK) - Co. reported September vehicle deliveries of 37.4k units vs 35.8k Y/Y, while Q3 deliveries rose 25.4% Y/Y to 109.2k units. (Newswires) Samsonite (1910 HK) - Co. completed a reform of its lifestyle and travel brand BÉIS. (Newswires) Tencent (700 HK) - Co. agreed to a five-year lease of 100,000 chips across multiple Oracle data centres in Southeast Asia worth around USD 7bln, providing access to NVIDIA’s advanced processors under arrangements permitted by US rules. (FT) XPeng (9868 HK) - Co. reported September deliveries of 41.3k units, up 5% M/M, while Q3 deliveries rose 15% Q/Q to 118.4k units; September XPENG L03 deliveries exceeded 10k units and the Co. launched the G9L in China on Sept. 17. (Newswires) Casinos Macau September casino revenue fell 1.2% Y/Y to MOP 18.1bln. (Newswires)
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